
Nvidia's Huang sparks 'Jensanity' in Taiwan with AI hero's welcome
TAIPEI :Wherever AI darling Nvidia's CEO Jensen Huang goes in Taiwan, his adoring fans and excited reporters follow, hanging on his every word, arms outstretched as they beseech him to sign books, posters and even baseballs.
Huang, born in Taiwan's historic capital of Tainan before migrating to the United States when he was nine, is visiting Taipei this week for the annual Computex trade show, and his every move has been watched since his private jet touched down on Friday afternoon.
"Jensen I love you!" one woman shouted out to him from the crowd in English as he greeted a throng in front of a Taipei restaurant on Saturday night where he was entertaining Taiwanese tech titans from companies like chipmaker TSMC, dubbed by local media the "trillion dollar dinner" given the market capitalisation of the assembled firms.
"I love coming to Taiwan and love seeing everybody here and I appreciate their support, and everybody's very, very kind," Huang told Reuters when asked about the wildly enthusiastic reception he gets in Taiwan.
Visiting Taipei for Computex last year, some Taiwanese media termed the expression "Jensanity" to describe the level of devotion he generates when he visits.
This year, Nvidia has set up a pop-up store selling playing cards, shirts and other memorabilia with Huang's image on it.
His fame in Taiwan prompts bafflement from Nvidia colleagues, given he is often largely unnoticed when he attends similar events in the United States, and concern from his bodyguards as they try to hold back reporters and fans alike.
"He's not saying anything important," one bodyguard told reporters, asking them to step back as Huang handed out fried ice cream to his gathered fans on Saturday night outside the restaurant, where he and his guests enjoyed rice noodle soup and Taiwan's award-winning Kavalan whisky.
"He has encouraged Taiwanese young people like myself. I believe what he is doing is something we should learn from," said 21-year-old student Hsu Han-yuan, who got Huang's autograph outside the restaurant.
GUEST OF HONOUR AT SPORTING EVENT
After finishing the dinner, Huang rushed off to the opening ceremony of the World Masters Games, an Olympics adjacent event for athletes mostly over 30, where he was a guest of honour along with Olympics gold medalist boxer Lin Yu-ting and renowned Taiwanese actor and director Sylvia Chang.
Huang's participation even briefly embroiled Taiwan's presidential office, after criticism from opposition politicians that Vice President Hsiao Bi-khim was only making a last-minute appearance to "freeload" on Huang also being there.
When Hsiao confirmed she was going she did not know Huang would also be doing so, and in any case the presidential security detail had checked out the venue a month ago, her office said in a statement.
Given the intensity and breathlessness of the Taiwanese media coverage, at least one government department weighed in over the weekend to set the record straight on one issue - how much it costs to park his Bombardier private jet at Taipei's downtown Songshan airport.
Taiwan's transport ministry said it would be T$95,562 ($3,167) assuming he was staying for six days - following local media reports as to the cost and length of stay.
"The number reported in the media of more than T$60,000 is wrong, (nobody asked the Civil Aviation Administration or the airport, and the source of this is unclear)," it added, in a slightly indignant tone.
In the end, the aircraft, operated by executive aircraft charter operator VistaJet, left Taipei on Saturday afternoon to fly to Honolulu, according to flight tracking apps.
($1 = 30.1770 Taiwan dollars)

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CNA
26 minutes ago
- CNA
GlobalFoundries boosts investment plans to $16 billion, with research focus
SAN FRANCISCO :Chip manufacturer GlobalFoundries said on Wednesday it planned to increase its investment plans to $16 billion, allocating an additional $1 billion to capital spending and $3 billion to research in several emerging chip technologies. The Malta, New York-based company said it is working with the Trump administration to bring chip manufacturing technology and various components of that supply chain onto U.S. soil. The chip manufacturer attributed the expansion to the boom in artificial intelligence hardware, a trend that has also benefited other chipmakers such as Taiwan Semiconductor Manufacturing Co. "The AI revolution is driving strong, durable demand for GF's technologies that enable tomorrow's data centers," GlobalFoundries Chief Executive Tim Breen said in a statement. The $1 billion capital spending boost is expected to support factory expansions in New York and Vermont, and is in addition to the $12 billion the company said in 2024 it planned to invest over the next 10 plus years. GlobalFoundries did not disclose a specific timeframe for the additional funding it announced on Wednesday. The $3 billion in research and development GlobalFoundries said it will spend will be split into three areas: chip packaging technologies, silicon photonics that can be used to make quantum computing processors, and gallium nitride which is used in electric vehicles and other power-related applications. In April, Intel and TSMC showed off their latest chip manufacturing and packaging capabilities at events, including the capability to stitch together multiple chips into a dinner-plate-sized device.


CNA
4 hours ago
- CNA
Thrive-backed accounting firm Crete to spend $500 million in AI roll-up
-Crete Professionals Alliance, an accounting platform backed by Thrive Capital, plans to invest over $500 million to acquire U.S.-based accounting firms in the next two years, and equip them with OpenAI-powered artificial intelligence technology to boost efficiency, company executives told Reuters. Crete PA is the latest example of how venture capital firms are going after traditional industries and funding a buying spree to transform local businesses with AI in a roll-up play, from healthcare to property management. Founded in 2023, the company has grown to over $300 million in annual revenue with over 20 accounting businesses, making it one of the fastest-growing accounting firms in the U.S. Crete now has 900 employees across 17 offices, and operations in Asia. The firm has raised a few hundred million from investors such as Thrive, ZBS Partners and Bessemer Venture Partners. It plans to use its cash flow and external capital to fund more roll-ups, through which it acquires majority stakes in local firms and supports them with recruiting and administrative work. Jake Sloane, co-founder of Crete PA and ZBS Partner, has previously built roll-up businesses from veterinary to plumbing. Believing AI tools could help accountants expand their customer base and take on more workloads, he partnered with Thrive to take advantage of the tech investor's expertise and network in May 2024. Since then, Thrive, known for its big bets in Silicon Valley companies such as Stripe, OpenAI and Databricks, has its in-house tech team working with OpenAI to build customized tools and models for the accounting industry, from data mapping and memo writing. Bennie Lewis, President at Assurance Dimensions, one of Crete-owned accounting firms in Tampa, Florida, said that in audit testing, the AI tools saved his team hundreds of hours every month, freeing them up for more client-facing work. Sloane said the roll-up diverges from the traditional private equity approach in allowing accounting practices to maintain a minority equity stake in the local business, ensuring original shareholders remain actively involved. Traditional services like accounting have become a hotbed for venture capital investment, which is typically known for ambitious bets on nascent startups in Silicon Valley. Kareem Zaki, a partner at Thrive, said it takes more than selling the software to create value in a complex industry like accounting, so the fund decided to pursue roll-ups that give it more ownership and control of the businesses. "As full-stack operators of the accounting firm, we can take all the software elements, the operational elements, and be able to flow that through into the end customer experience," Zaki said. Sloane said the goal is not to replace accountants with AI, but to use technology to enhance service quality, while humans build trusted relationships. "I don't believe AI is something that will fundamentally eradicate the need for accountants," Sloane said. The industry has faced challenges such as an accountant shortage. Technology has played a significant role in enhancing productivity in the past, such as software tools like QuickBooks. Thrive Capital is not alone in pursuing roll-ups of services in the hope of AI automation. General Catalyst, another VC firm, is also creating firms that buy companies in professional services, including its accounting firm Accrual. Those investors believe generative AI technology can boost profitability and scalability for service businesses, especially those reliant on knowledge work. While accounting firms have been popular targets for private equity, analysts say it will take time to see if they can deliver the higher returns expected for venture capital investments on the heels of AI automation.


CNA
8 hours ago
- CNA
Return of Doubao: Chinese netizens rejoice at return of fugitive capybara
SINGAPORE: The search is finally over for a fugitive capybara that escaped from a Chinese zoo with its siblings back in April. Doubao, whose name means 'bean bag' in Chinese, had been recaptured in the Yangzhou Zhuyuwan Scenic Area in eastern China on Tuesday (Jun 3), zoo officials said in a social media post, adding that their 'runaway child had returned home'. The capybara had walked into a humane trap set which triggered a catch mechanism which shut the door behind her, officials said, adding that traps had been placed in surrounding rivers. She is now reunited with her siblings Bazong and Duoduo, staff added. Unlike her sibling Duoduo who had lost nearly two kilograms while on the run, Doubao had gained 'nearly half a kilo' and her fur remained smooth and shiny, in great condition, officials said. The trio's escape in April caused a stir online in China, with social media users expressing alarm and concern. There was also criticism over the zoo's 'stingy' initial reward for finding Doubao: a lifetime entry ticket and capybara-themed merchandise. Native to South America, capybaras are the world's largest rodents and are also semi-aquatic. Their calm demeanor and charming appearances have made them wildly popular online. They are often depicted in memes and posts on social media apps like TikTok, Xiaohongshu and Instagram. Online, Doubao fans rejoiced at news of her return. 'I'm glad to see her safe and well,' wrote one user on the Sina Weibo microblogging site. 'It sure seems like you had a good time in the wild,' said another. Others expressed amusement, saying Doubao had enjoyed a surprisingly good quality of life 'wandering the streets and mixing around outside'. News of her recapture this week has become one of Weibo's top trends. A topic thread titled 'Doubao wandered the streets, she became fatter by more than half a kilo' is currently the eighth most popular search on Weibo, garnering more than 26.5 million views and over 3,000 comments. 'That's amazing, Doubao is finally home,' said another user.